Discover and read the best of Twitter Threads about #currency

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The following is an analysis of indicators that present facts that the bull market is still going from charts and data. I worked very hard on this for you guys, take some time to go through it. If you enjoyed this, please like and retweet to spread the message! Follow for more ty
1. The Golden 51%-49% Ratio shows a pullback. If the indicator's correct then my thesis that we're still in the bull market stands until the start of Oct. This indicator will be invalid if the thesis is wrong. This indicator has not failed. Yet. Indicators work until they don't. Image
2. Bitcoin search has not topped 2017 yet. My conclusion is that covid lockdowns have now made it hard for people to communicate (those not in the loop online and only watching Netflix, naruto, gaming, working at home etc) Normal gossip will take the frenzy up a notch for normies Image
Read 13 tweets
"Step into the light"

Introducing the one #currency which will replace all fiat currencies, the #Lumen. It can be transferred in #seconds for less than the value of a #penny and the supply is capable of scaling to meet the needs of a growing world population.

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#TheLumen can be defined as the #luminous flux of light produced by a light source. #Lucifer is the bearer of light, the morning star.

Soon we will be sending Lumens using #LiFi, light used to transmit data.
Welcome to the age of #Lucifer.
#Chance is an #illusion It may appear that there are multiple #cryptocurrencies battling to claim top spot, the reality is that only one currency is needed and that one has already been released.
Read 8 tweets
"The World Only Needs One"

The #DigitalAge using one world #currency was not possible, now that we are able to connect with people around the globe in seconds, one currency would be ideal.

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With that thought in mind think about the #cryptocurrency market, so many to choose from yet only #one is needed.
#Cryptocurrency will be made illegal This is not a "maybe" this is a warning. Nothing is left up to chance, our world is always planned years in advance. If you fail to plan you are planning to fail and failure is not an option.
Read 8 tweets
"The Cross-Border Payment Lie"

If you were to do research on #Ripple (the company) and #XRP (blockchain/token) you would come to the conclusion that the goal is to replace "#Swift" as the worlds leading cross-border payment provider.

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What if I was to say that #Ripple does not care about cross-border payments and that replacing #Swift is only a short-term plan..
In the digital age you are able to connect with anyone around the world in seconds, for this reason using one #digital currency would be ideal. Not only is one #currency all that is needed, it would be more #efficient if we were to all use one single currency.
Read 7 tweets
"#Codius" What is Codius?

Codius is the most advanced smart contract platform that will ever exist. The project was said to be put on hold in 2015, that was a lie. It was never put on hold..

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#Codius will be smart contracts with integrated payment processing and a variety of privacy options. One more time.

Codius will be a smart contract platform that offers multiple privacy options (if required) and "payment processing integration".
No other platform can compare, no other platform will have a direct connection to the world banking system.

#XRP and #Codius are going to be used to manage the entire 1+ Quadrillion Dollar derivatives market. XRP is not a "currency" it is a store of value, digital #gold.
Read 4 tweets
@IndiatechO is releasing a two series White-paper on #Crypto, the first paper talks about the opportunities offered by #Crypto and #blockchain to the world. With rapidly growing potential, #India needs to regulate the sector. Link to the #IndiaTechDecoder: indiatech.org/wp-content/upl…
India has a great opportunity to capitalise on the huge potential that the industry holds. The second paper offers solutions and suggestions that @IndiatechO has proposed as a 5-point framework on how the Indian #government can best regulate #Crypto while encouraging innovation.
According to the #IndiaTechDecoder opportunities from #Crypto adoption is far more than simply attracting #FDI, with benefits including enhancing the country’s technological skillset, thereby broadening #employment opportunities.
Read 5 tweets
LOVE being faculty at @MIT this semester for a class on #dataanalytics & #datascience. I tend to PM my mentees, especially women and #blackexcellence to start to prepare questions to ask. Too often people stay silent. Speak up. Never be embarrassed to show #curiosity.
Listening right now to mid-semester progress reports from teams and am feeling like such a proud #datascience #BigData #bigdataanalytics momma. Bear cubs doing good (well AND good in world)

LOVE that this is a space within @MIT that focuses on #SDoH and #equity.
Literally right now, hearing about a study on #socialmedia chatter as a driver of vaccines hesitancy driven by #Twitter - start postulate "cause/effect" by an incident that happens within days after a vaccine - like ppl automatically assume a death is "caused" by vaccine
Read 27 tweets
Daily Bookmarks to GAVNet 03/20/2021 greeneracresvaluenetwork.wordpress.com/2021/03/20/dai…
On the correlation between solar activity and large earthquakes worldwide

nature.com/articles/s4159…

#SolarActivity #earthquakes #correlation
Read 10 tweets
More conspiracy theory from Financial Times:

"With a new US admin., & [] the vaccination rollout under way, now is a good time for the major economies of the west (& ideally the world) to sit down & devise a new international #monetary order."

#GreatReset h/t @johnsteppling
"As part of that there should be widespread #debt cancellation, especially the gov't debt held by #central #banks. We estimate that amounts to approximately $25tn of gov't debt in the major regions of the global economy."

ft.com/content/39c53b…
"Whether debt cancellation extends beyond that should be central to the negotiations between policymakers as to the construct of the #new #system ...The implications for bond yields, post-debt cancellation, need to be fully thought through and debated."
Read 14 tweets
Who was Hugo Stinnes?

In the early 1920’s in Weimar Germany, Hugo Stinnes became the richest man in Germany earning the title the ‘Inflation King’ How did he do it? Time for a #Thread 🧵 🪡 👇 1/ Image
For reference, whenever I say ‘Inflation King’ 🤴, I am saying the words with a ‘Sausage King of Chicago’ accent from Ferris Buellers day off. 2/ Image
Hugo Stinnes was born in Germany 🇩🇪 in 1870. Stinnes inherited his father’s coal #mining ⛏ business in 1890 at the age of 20. He began to purchase seagoing vessels 🚢 to transport his coal and other materials. 3/ Image
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Basics of learning #Bitcoin
#Bitcoin does not flow through the traditional #banking system
#Bitcoin transactions are made via #computer immediately with usually low charges
Read 15 tweets
#BREAKING

#LEBANON #BEIRUT #ECONOMY #CURRENCY

The Central Bank of Lebanon declared that the national currency would be unbundled from the dollar and the value of the dollar would now be dependent on an arrangement with the International Monetary Fund.
The shortage of dollars in the economy lead to the closing of banks' operations in that currency. The Central Bank currently maintains a rate of 1,500 Lebanese pounds per dollar and is trading at an average of 8,400 on the black market. Riad Salameh,
head of Lebanon's central bank, says the worst recession in decades would intensify if an executive is not urgently set up to enforce systemic reforms. Financial assistance will flow to the international community,
Read 4 tweets
Daily Bookmarks to GAVNet 12/30/2020 greeneracresvaluenetwork.wordpress.com/2020/12/30/dai…
How China’s digital currency will thwart US dollar trap and help the world | South China Morning Post

scmp.com/comment/opinio…

#china #dollar #world #currency
The Vaccine Rollout's Known Knowns and More - Insight

zeynep.substack.com/p/the-vaccine-…

#distribution #vaccine
Read 10 tweets
Daily Bookmarks to GAVNet 12/26/2020 greeneracresvaluenetwork.wordpress.com/2020/12/26/dai…
How Cities Lost Control of Police Discipline

nytimes.com/2020/12/22/us/…

#unions #police #Detroit
In Search of a New Reserve Currency - World Game

brunomacaes.substack.com/p/in-search-of…

#reserve #currency #world
Read 8 tweets
The turn of the calendar year invites the temptation to prognosticate regarding the course of the year ahead for the #economy and for #markets, and not being immune to that impulse, here are our views on the “11 themes to consider as we look toward 2021:” bit.ly/386mb0r
In preview, one key theme is that 2021’s nominal #GDP growth is likely to surprise many skeptics with its strength. The sources of upside surprise can be found in: 1) the new #fiscal #stimulus combined with structural budget #deficits
And in 2) the @federalreserve’s ongoing asset purchases and 3) the impressive #economic momentum that is still broadly underestimated, as a post-election, and #pandemic-recovering world can catalyze 2020/21’s monetized #stimulus (more than 15% of GDP) into impressive NGDP growth.
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There are a lot of people currently afraid of the impending regulatory clarity from @USOCC Brian Brooks and the Office of the Comptroller of the Currency (OCC). #cryptocurrency = wild west since 2009, we've witnessed extraordinary growth, and extraordinary amounts of fraud.
#Cryptsy #MtGox exchanges closed down, stole individuals account balances, and employees fled countries only for the individuals to have little recourse under local and international laws. 11 years later, many individuals losing it all we're getting clarity, and that is exciting.
You see like many people I've talked Crypto to family, friends, colleagues, and strangers since 2009. Every year brought exciting innovation #Ethereum, #Bitcoin #SegWit, #XRP, #Ripple. It also brought fraud #PinCoin #iFan #Bitconnect, and moral impediments #SilkRoad stopping any
Read 15 tweets
Is #Pakistan Arming the #Kashmir Centric #Terrorist Groups with #Turkish Drones?

🔶Lately, #Kashmir has witnessed several #Drone sorties from #Pakistan dropping weapons & cash. #Chinese #Kamikaze & #Turkish Bayraktar may be next lethal #weapons in hands of #Lashkar & Jaish.
🔶After article 370, it appears that so-called “#Kashmir issue” is tottering to its natural death. With every passing day, the false narratives, lies, & deceitful structures of jihadist violence are slowly & smoothly inching towards a dead end.
#KashmirFights
🔶Can #Pakistan afford #Kashmir slide out of its control? Once perception of “#Kashmir not being an issue anymore”gets ingrained in #Awam, #Pak faces existential threat. It won’t be able to justify mammoth budgets it has been accumulating for decades in name of #Kashmir to #Pak
Read 9 tweets
What are the implications of excess global financial market volatility on economic growth? Are there threshold effects in the relationship between growth & excess global volatility for individual countries? How should we model the nonlinear effects in a multi-country setting? 1/n
We answer these questions in recent work with Alexander Chudik @DallasFed, M Hashem Pesaran @USCDornsife @TrinCollCam, @mraissi80 @IMFNews & @arebucci1 @JHUCarey @cepr_org @nberpubs: ideas.repec.org/p/cam/camdae/2… #TGVAR 2/n
The #Covid19 #pandemic has been a shock like no other, initiating simultaneous demand and supply disruptions. In addition, it led to a sharp tightening in global #financial market conditions during the first quarter of 2020. 3/n Image
Read 23 tweets
#UnitedKingdom #EU #London #Brexit #Currency

The analysts at @Mizuho expect that the UK will end the Brexit transition phase without a trade agreement with the EU and see parity between the euro and the pound in this case. In this mixed situation, however,
it cannot be ruled out that the euro will continue to skyrocket to 1.10 pounds. Mizuho takes a euro position accordingly and advises a hedge stop at 0.85 pounds. The euro is currently trading at 0.9222 pounds.
Analyst Peter Chatwell justifies the very positive assessment of the euro that Europe has taken the important first steps towards a fiscal union.
Read 4 tweets
Although #China’s capital account today has basically realized convertibility, there remain many restrictions on cross-border #capital flows. What is a proper timing for China to open up its capital account? Prof Huang Yiping offers his perspectives:

mp.weixin.qq.com/s/9vGWq_hYC5Ge… 1/7
This is a controversial issue. Some believe China should step up efforts right now; others say it’s not a good timing. Prof Huang previously thought the best timing for this is when the macroeconomic environment is stable...2/7
...with strong growth, stable inflation, fiscal balance, balance of payments surplus, and a properly valued currency, because under these conditions investors are confident in capital account opening, and it’s easier to prevent against asset price slumps or capital flights...3/7
Read 7 tweets
The #deficit #myth #deficitmyth by @StephanieKelton #MMT modern monetary theory
Myth N. 1: The #state should budget like a #household
#RealityCheck : unlike a household, a #SovereignNation, which owns its national #centralbank, issues the #currency it spends
Myth N. 2: #deficit is evidence of #overspending
#RealityCheck: look to #inflation for evidence of over spending
The purpose of #taxes is not to pay for #government expenditures but to help rebalancing the #wealth distribution #MMT
Read 56 tweets
All categories of #mutualfunds (including ETFs) would be covered under #stampduty charges for units issued in demat & non-demat form. It will cover equity, derivatives & currency trades. Stamp Duty = Direct Tax levied by the govt. u/s 3 of Indian Stamp Act, 1899. @AmarUjalaNews
#StampDuty charges:

Equity (delivery) - 0.015% or ₹1,500 per crs on buy-side

#Equity (intra-day) - 0.003% or ₹300 per crs

#Futures (equity & #commodity) - 0.002% or ₹200 per crs

#Options (equity & commodity) - 0.003% or ₹300 per crs

#Currency - 0.001% or ₹10 per crs
- The #stampduty will also be applicable on #AlternativeInvestmentFunds (AIFs)

- Impact is more on the short term #investments by the #investors

- No stamp duty on #redemption of #mutualfund units.

- Impact at #portfolio level too i.e when fund manager executes transaction.
Read 7 tweets
Why Hong Kong is important for China !! See the statistics for yourself !!
1530 multinationals have their regional headquarters in Hong Kong according to the Hong Kong government (InvestHK, 2019). This is an increase of two-thirds since 1997.
In 2018, United States- based companies had the largest number of regional headquarters (290) and regional offices (434) in Hong Kong, followed by Japanese and Mainland Chinese firms (Census and Statistics Department, 2018b).
Read 19 tweets
One perspective on what's good and bad about the extensive monetary easing by CF40 Senior Fellow Zhang Bin, and CF40 research fellows Zhang Jiajia and Zhong Yi: mp.weixin.qq.com/s/DfLFMg2Wxan4…

Monetary easing has stabilized the global financial market and bolstered up economic recovery.
Timely and targeted easing measures have added to liquidities in the market, sustained businesses and employment by channeling loans to enterprises and households, mitigated impacts of world economic downturn and sluggish demands for global trade, and spurred economic recovery.
However, the extensive easing has had negative impacts on the capital flows and exports of emerging markets. It has steered excessive liquidities toward emerging markets, placing on them much pressure of currency appreciation, capital price hike and leveraging up.
Read 5 tweets

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